SC S0171 | 2019-2020 | 123rd General Assembly
Status
Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 8 2019 - 25% progression, died in committee
Action: 2019-01-08 - Referred to Committee on Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 8 2019 - 25% progression, died in committee
Action: 2019-01-08 - Referred to Committee on Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amend The Code Of Laws Of South Carolina, 1976, By Adding Chapter 41 To Title 5 So As To Enact The "municipal Tax Relief Act", To Allow A Municipality To Impose A Sales And Use Tax Not To Exceed One Percent, Subject To A Referendum, For Municipal Tax Relief Or To Defray Debt Service For Certain Authorized Projects, And To Specify The Manner In Which The Tax Is Imposed, Collected, And Expended; To Amend Section 4-10-320, Relating To The Capital Project Sales Tax Act, So As To Allow A Municipality To Create A Commission; And To Amend Section 4-10-970, As Amended, Relating To The Use Of Revenues From The Local Option Tourism Development Fee, So As To Provide That If The Fee Is Imposed In A Municipality That Is Imposing The Sales And Use Tax Authorized By Chapter 41, Title 5, Then At Least Twenty Percent Of The Revenues Must Be Used To Provide A Property Tax Credit.
Title
Municipal Tax Relief Act
Sponsors
History
Date | Chamber | Action |
---|---|---|
2019-01-08 | Senate | Referred to Committee on Finance |
2019-01-08 | Senate | Introduced and read first time |
2018-12-12 | Senate | Referred to Committee on Finance |
2018-12-12 | Senate | Prefiled |
Same As/Similar To
H3833 (Similar To) 2019-01-31 - Referred to Committee on Ways and Means
Code Citations
South Carolina State Sources
Type | Source |
---|---|
Summary | https://www.scstatehouse.gov/billsearch.php?billnumbers=0171&session=123&summary=B |
Text | https://www.scstatehouse.gov/sess123_2019-2020/prever/171_20181212.htm |